XRP price saw a rise recently, moving above the $2.25 mark. However, it struggles to get past the $2.350 resistance. Currently, it's trading over $2.25 and above the 100-hourly SMA.
The bears made an appearance after XRP tested the $2.35 level, leading to a high of $2.348. Consolidation started, with a minor dip below the 23.6% Fib retracement from $2.130 to $2.348. Initial resistance is visible at $2.32, with $2.35 as a significant barrier.
Overcoming $2.40 could lead the price to $2.50 or even $2.650. Conversely, failing to breach $2.350 might cause another dip. Support lies near $2.28, and further down at $2.240. Technical indicators reveal that the MACD is bearish, while RSI stays above 50.
